Klipper Kenneth S 4
4 · FIRST MARBLEHEAD CORP · Filed Sep 6, 2011
Insider Transaction Report
Form 4
Klipper Kenneth S
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2011-09-01+52,000→ 52,000 total→ Common Stock (52,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date.
- [F2]The restricted stock units vest in four equal annual installments beginning on September 1, 2012, the first anniversary of the date of the grant. Vested shares will be issued to the reporting person as soon as practicable after each vesting date.